Value of Mutual Funds
A mutual fund's net asset value (NAV), or the dollar value of one share of the fund, tells you what the fund is worth based on the value of its underlying investments.
A fund's yield measures the amount of income a fund provides as a percentage of its NAV.
A fund's total return, or its change in value plus reinvested distributions, is the most accurate measure of a mutual fund's performance. It is typically reported as a percentage return.